Tender date : 22 July 2005 Paper on offer : EF Notes Issue number : 5809 (Reopen) Issue date : 25 July 2005 Maturity date : 25 September 2008 Coupon : 3.27% Amount applied : HK1,712 MN Amount allotted : HK$1,200 MN Average price accepted (yield) : 99.44 (3.49%) Lowest price accepted (yield) : 99.30 (3.54%) Pro rata ratio : About 22 PCT Average tender price (yield) : 99.37 (3.51 PCT) End/Friday, 22 July, 2005 NNNN